Honda is to continue with plans to turn its UK manufacturing plant into a global production hub despite the UK’s decision to leave the EU.
The firm announced last year that it is spending £200 million (€222 million) upgrading its Swindon plant and executive vice president Seiji Kuraishi told Automotive News Europe the firm has ‘no intention’ of changing its plans.
Kuraishi's comments are the latest boost for the UK automotive industry, which had been shaken by warnings from some manufacturers that car production could be threatened by the Brexit vote.
Nissan has confirmed it will build its next generation Qashqai and X-Trail at its UK factory in Sunderland, securing its future and thousands of jobs.
Chief executive officer Carlos Ghosn made the announcement after assurances by Theresa May, the UK prime minister, that the government would make tariff-free access to the EU its priority.
Toyota has also said it will keep its UK car production base even if trading conditions change.
Executive vice-president Didier Leroy said the firm trusted the UK government to provide ‘fair treatment’ so it can remain competitive.
Kuraishi added that any support offered to Nissan should apply to all automakers, a view that has also been expressed by executives from Jaguar Land Rover and Ford.
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